The prices in real estate in Columbiana, in the Ohio region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Columbiana has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $173. In the following month the price per sq.feet decreased considerably to $145. The price for the following two months in (September, October) decreased 91 % with regard to the prior two months. The price per sq.feet has decreased 90 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $151.5 to $137 during November, and December.
Based upon to the price in Columbiana (cities), this has gone downing the last 6 months. In our first sample month during July, the average price is $357,887. In August This price remains at $343,769. During the following two months (September, October) the average price fell 91 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $334,239 to $280,299, which means a 84 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $313,254 they are 62 % more affordable than the average price for Columbiana. The properties with the highest average price have 4 bedrooms, Their price is 52 % more costly than the average. After that we have properties with 3 bedrooms priced at $239,948.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $60 / sq.feet, with an average $141 / sq.feet price in Columbiana. The properties with the lowest average prices have 1 bedroom. They are 13 % cheaper than the average followed by properties with 4 bedrooms with a price at $107 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $313,254 it is 50 % cheaper than the average price in Columbiana. "Condo" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "House". At a price of $157,447 it is 1 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $78 / sq.feet followed by "Condo" priced at $99 / sq.feet. "Condo" is the cheapest type of property with a $99 / sq.feet value followed by "House" with an average price of $78 / sq.feet.